Corporation tax – Capital allowances – Machinery and plant – First year allowances – Oil rig – Whether commitment fees and interest on loans form part of expenditure on the provision of machinery or plant – Finance Act 1971 (c 68), s 41(1).
[1978] UKHL TC – 52 – 459, [1978] 2 All ER 1111, [1978] STC 460, [1978] TR 359, [1978] 1 WLR 1093, 52 TC 459
Bailii
England and Wales
Corporation Tax
Updated: 10 January 2022; Ref: scu.559762
